Morgan Stanley Maintains Overweight on US Foods Hldg, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour has maintained an Overweight rating on US Foods Holding Corp. (USFD) and increased the price target from $60 to $62.
April 12, 2024 | 5:09 pm
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Morgan Stanley has reaffirmed its Overweight rating on US Foods Holding Corp. and raised its price target from $60 to $62.
The upgrade in the price target by a reputable analyst like Morgan Stanley typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100